Short Interest in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Expands By 117.9%

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 146 shares, a growth of 117.9% from the May 14th total of 67 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,841 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Fidelity Disruptive Finance ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Key Capital Management INC bought a new position in Fidelity Disruptive Finance ETF in the 4th quarter valued at approximately $25,000. Osaic Holdings Inc. lifted its position in Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after acquiring an additional 887 shares in the last quarter. Raleigh Capital Management Inc. bought a new position in Fidelity Disruptive Finance ETF in the 4th quarter valued at approximately $39,000. Virtu Financial LLC lifted its position in Fidelity Disruptive Finance ETF by 77.5% in the 4th quarter. Virtu Financial LLC now owns 12,888 shares of the company’s stock valued at $459,000 after acquiring an additional 5,627 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Fidelity Disruptive Finance ETF by 532.8% in the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock valued at $3,208,000 after acquiring an additional 75,824 shares in the last quarter.

Fidelity Disruptive Finance ETF Stock Performance

FDFF stock opened at $32.62 on Monday. The stock has a market capitalization of $39.14 million, a PE ratio of 24.27 and a beta of 1.14. Fidelity Disruptive Finance ETF has a 12-month low of $30.16 and a 12-month high of $39.15. The stock’s 50 day simple moving average is $33.12 and its 200 day simple moving average is $33.76.

Fidelity Disruptive Finance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were given a $0.05 dividend. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.20 annualized dividend and a yield of 0.6%.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.